Middleby Corp (MIDD) Tops Q3 EPS by 9c

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Go back to Middleby Corp (MIDD) Tops Q3 EPS by 9c

The Middleby Corporation Reports Third Quarter Results

November 6, 2019 7:30 AM EST

ELGIN, Ill.--(BUSINESS WIRE)-- The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the third quarter ended September 28, 2019. Net earnings for the third quarter were $82.0 million or $1.47 diluted earnings per share on net sales of $724.0 million as compared to the prior year third quarter net earnings of $72.9 million or $1.31 diluted earnings per share on net sales of $713.3 million. Net earnings in the current and prior year third quarter were negatively impacted by restructuring expenses,... More